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Future Policy Benefits (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Liability for Future Policy Benefit, by Product Segment [Line Items]        
Future policy benefits $ 47,067 $ 38,222 $ 41,231  
Liability for Future Policy Benefits and Unpaid Claims and Claims Adjustment Expense 5,439 5,417    
Future Policy Benefits Unearned Revenue Liability 482 532    
Additional Liability, Long-Duration Insurance, before Reinsurance, after Discount Rate Change 117 181    
Life Insurance Product Line [Member] | Americas [Member] | Other Segments        
Liability for Future Policy Benefit, by Product Segment [Line Items]        
AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax (6,474) (4,074) 76,943 $ 74,207
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     (347) (103)
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change 77,014 74,707 76,596 74,104
Liability for Future Policy Benefit, Expected Net Premium, Issuance [1] 884 1,016    
Liability for Future Policy Benefit, Expected Net Premium, Interest Income [2] 872 851    
Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected [3] (1,271) (1,229)    
Liability for Future Policy Benefit, Expected Net Premium, Derecognition [4] (67) (35)    
Liability for Future Policy Benefit, Expected Net Premium, Increase (Decrease) for Other Change 0 0    
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change 70,540 70,633    
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (8,048) (5,188) 89,036 85,285
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     (378) (79)
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change 89,135 85,666 88,658 85,206
Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance [1] 884 1,018    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense [2] 1,016 981    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment [5] (1,348) (1,486)    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Derecognition [4] (74) (54)    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Increase (Decrease) for Other Change (1) 1    
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 81,087 80,478    
Future policy benefits 10,547 9,845    
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance (753) (417)    
Liability for Future Policy Benefit, after Reinsurance $ 9,794 $ 9,428    
Liability for Future Policy Benefit, Weighted-Average Duration 12 years 12 years    
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 4.60% 4.70%    
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 5.30% 4.90%    
Life Insurance Product Line [Member] | CANADA | Other Segments        
Liability for Future Policy Benefit, by Product Segment [Line Items]        
AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax $ (4,815) $ (4,376) 22,689 21,330
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     52 97
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change 22,311 21,534 22,741 21,427
Liability for Future Policy Benefit, Expected Net Premium, Issuance [1] 124 110    
Liability for Future Policy Benefit, Expected Net Premium, Interest Income [2] 188 182    
Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected [3] (246) (231)    
Liability for Future Policy Benefit, Expected Net Premium, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Net Premium, Increase (Decrease) for Other Change (496) 46    
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change 17,496 17,158    
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (4,183) (3,607) 26,275 24,655
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     49 98
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change 25,853 24,896 26,324 24,753
Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance [1] 124 110    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense [2] 242 233    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment [5] (263) (256)    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Increase (Decrease) for Other Change (574) 56    
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 21,670 21,289    
Future policy benefits 4,174 4,131    
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance (283) (227)    
Liability for Future Policy Benefit, after Reinsurance $ 3,891 $ 3,904    
Liability for Future Policy Benefit, Weighted-Average Duration 15 years 15 years    
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 3.60% 3.60%    
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 5.00% 4.70%    
Life Insurance Product Line [Member] | EMEA [Member] | Other Segments        
Liability for Future Policy Benefit, by Product Segment [Line Items]        
AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax $ (2,668) $ (2,515) 15,328 14,244
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     81 (256)
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change 15,293 14,329 15,409 13,988
Liability for Future Policy Benefit, Expected Net Premium, Issuance [1] 294 382    
Liability for Future Policy Benefit, Expected Net Premium, Interest Income [2] 127 119    
Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected [3] (354) (344)    
Liability for Future Policy Benefit, Expected Net Premium, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Net Premium, Increase (Decrease) for Other Change (183) 184    
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change 12,625 11,814    
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (2,920) (2,686) 16,756 15,454
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     79 (258)
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change 16,694 15,575 16,835 15,196
Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance [1] 296 382    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense [2] 137 127    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment [5] (372) (331)    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Increase (Decrease) for Other Change (202) 201    
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 13,774 12,889    
Future policy benefits 1,149 1,075    
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance (32) (37)    
Liability for Future Policy Benefit, after Reinsurance $ 1,117 $ 1,038    
Liability for Future Policy Benefit, Weighted-Average Duration 8 years 8 years    
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 3.30% 3.40%    
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 5.50% 3.40%    
Life Insurance Product Line [Member] | Asia Pacific [Member] | Other Segments        
Liability for Future Policy Benefit, by Product Segment [Line Items]        
AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax $ (12,184) $ (11,029) 42,741 40,506
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) from Cash Flow Change     0 (8)
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     (103) 128
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change 42,385 40,898 42,638 40,626
Liability for Future Policy Benefit, Expected Net Premium, Issuance [1] 1,131 619    
Liability for Future Policy Benefit, Expected Net Premium, Interest Income [2] 272 256    
Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected [3] (533) (490)    
Liability for Future Policy Benefit, Expected Net Premium, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Net Premium, Increase (Decrease) for Other Change (1,123) (113)    
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change 30,201 29,869    
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (14,206) (12,914) 47,370 44,785
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Cash Flow Change     0 (8)
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     (104) 121
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change 47,030 45,227 47,266 44,898
Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance [1] 1,131 619    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense [2] 312 293    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment [5] (485) (458)    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Increase (Decrease) for Other Change (1,194) (125)    
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 32,824 32,313    
Future policy benefits 2,623 2,444    
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance (111) (99)    
Liability for Future Policy Benefit, after Reinsurance $ 2,512 $ 2,345    
Liability for Future Policy Benefit, Weighted-Average Duration 15 years 16 years    
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 2.60% 2.60%    
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 4.60% 4.30%    
Insurance, Other | Americas [Member] | Other Segments        
Liability for Future Policy Benefit, by Product Segment [Line Items]        
AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax $ (240) $ (223) 1,455 1,671
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     0 (7)
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change 1,431 1,637 1,455 1,664
Liability for Future Policy Benefit, Expected Net Premium, Issuance [1] 1,893 146    
Liability for Future Policy Benefit, Expected Net Premium, Interest Income [2] 11 13    
Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected [3] (1,928) (186)    
Liability for Future Policy Benefit, Expected Net Premium, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Net Premium, Increase (Decrease) for Other Change 0 0    
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change 1,191 1,414    
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (484) (460) 6,843 5,823
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     2 (11)
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change 8,780 5,868 6,845 5,812
Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance [1] 2,021 154    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense [2] 79 56    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment [5] (165) (138)    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Increase (Decrease) for Other Change 0 (16)    
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 8,296 5,408    
Future policy benefits 7,105 3,994    
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance (878) 0    
Liability for Future Policy Benefit, after Reinsurance $ 6,227 $ 3,994    
Liability for Future Policy Benefit, Weighted-Average Duration 8 years 8 years    
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 3.60% 3.50%    
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 5.30% 5.00%    
Insurance, Other | CANADA | Other Segments        
Liability for Future Policy Benefit, by Product Segment [Line Items]        
AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax $ (342) $ (336) 3,184 3,394
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     (7) (2)
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change 3,054 3,344 3,177 3,392
Liability for Future Policy Benefit, Expected Net Premium, Issuance [1] 0 0    
Liability for Future Policy Benefit, Expected Net Premium, Interest Income [2] 25 27    
Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected [3] (79) (84)    
Liability for Future Policy Benefit, Expected Net Premium, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Net Premium, Increase (Decrease) for Other Change (69) 9    
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change 2,712 3,008    
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (341) (332) 3,210 3,447
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     (7) (6)
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change 3,079 3,394 3,203 3,441
Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance [1] 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense [2] 25 28    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment [5] (80) (83)    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Increase (Decrease) for Other Change (69) 8    
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 2,738 3,062    
Future policy benefits 26 54    
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance 0 0    
Liability for Future Policy Benefit, after Reinsurance $ 26 $ 54    
Liability for Future Policy Benefit, Weighted-Average Duration 7 years 7 years    
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 3.20% 3.30%    
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 4.90% 4.70%    
Insurance, Other | EMEA [Member] | Other Segments        
Liability for Future Policy Benefit, by Product Segment [Line Items]        
AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax $ (7,802) $ (8,323) 54,832 38,782
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     338 42
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change 58,461 42,668 55,170 38,824
Liability for Future Policy Benefit, Expected Net Premium, Issuance [1] 4,963 3,681    
Liability for Future Policy Benefit, Expected Net Premium, Interest Income [2] 418 185    
Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected [3] (1,388) (764)    
Liability for Future Policy Benefit, Expected Net Premium, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Net Premium, Increase (Decrease) for Other Change (702) 742    
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change 50,659 34,345    
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (8,609) (9,191) 60,938 44,330
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     340 31
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change 64,823 48,261 61,278 44,361
Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance [1] 4,963 3,681    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense [2] 471 225    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment [5] (1,125) (858)    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Increase (Decrease) for Other Change (764) 852    
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 56,214 39,070    
Future policy benefits 5,555 4,725    
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance 0 0    
Liability for Future Policy Benefit, after Reinsurance $ 5,555 $ 4,725    
Liability for Future Policy Benefit, Weighted-Average Duration 9 years 9 years    
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 3.00% 1.90%    
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 4.90% 4.70%    
Insurance, Other | Asia Pacific [Member] | Other Segments        
Liability for Future Policy Benefit, by Product Segment [Line Items]        
AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax $ (121) $ 74 2,057 1,605
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     1 0
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change 1,770 1,574 2,058 1,605
Liability for Future Policy Benefit, Expected Net Premium, Issuance [1] 4,760 1,244    
Liability for Future Policy Benefit, Expected Net Premium, Interest Income [2] 7 6    
Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected [3] (4,912) (1,260)    
Liability for Future Policy Benefit, Expected Net Premium, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Net Premium, Increase (Decrease) for Other Change (143) (21)    
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change 1,649 1,648    
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (796) (250) 8,019 6,561
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     1 (1)
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change 12,295 7,722 $ 8,020 $ 6,560
Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance [1] 4,909 1,289    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense [2] 24 18    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment [5] (77) (68)    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Derecognition [4] 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Increase (Decrease) for Other Change (581) (77)    
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 11,499 7,472    
Future policy benefits 9,850 5,824    
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance 0 0    
Liability for Future Policy Benefit, after Reinsurance $ 9,850 $ 5,824    
Liability for Future Policy Benefit, Weighted-Average Duration 15 years 15 years    
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 1.20% 1.30%    
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 2.20% 1.50%    
[1] Issuances: The present value, using the original discount rate, of the expected net premiums or the expected future policy benefits related to new reinsurance contracts that became effective during the current period and new policies assumed on existing contracts.
[2] Interest accrual: The interest earned on the beginning present value of either the expected net premiums or the expected future policy benefits using the original interest rate.
[3] Net premiums collected: The portion of gross premiums collected from the ceding company that is used to fund expected benefit payments.
[4] Derecognition: Includes the effects of treaty recaptures and treaty amendments that resulted in the termination of an existing treaty and the issuance of a new treaty under the internal replacement model.
[5] Benefit payments: The release of the present value, using the original discount rate, of the expected future policy benefits due to death, lapse/withdrawal and other benefit payments based on current assumptions.